- Previous Close
11.74 - Open
11.68 - Bid 11.65 x 8800
- Ask 11.68 x 4400
- Day's Range
11.62 - 11.80 - 52 Week Range
9.54 - 17.50 - Volume
6,567,702 - Avg. Volume
17,432,677 - Market Cap (intraday)
8.197B - Beta (5Y Monthly) 1.80
- PE Ratio (TTM)
-- - EPS (TTM)
-1.13 - Earnings Date Aug 8, 2024
- Forward Dividend & Yield 0.20 (1.70%)
- Ex-Dividend Date Jun 17, 2024
- 1y Target Est
12.19
Paramount Global operates as a media, streaming, and entertainment company worldwide. It operates through TV Media, Direct-to-Consumer, and Filmed Entertainment segments. The TV Media segment operates CBS Television Network, a domestic broadcast television network; CBS Stations, a television station; and international free-to-air networks comprising Network 10, Channel 5, Telefe, and Chilevisión; domestic premium and basic cable networks, such as Paramount+ with Showtime, MTV, Comedy Central, Paramount Network, The Smithsonian Channel, Nickelodeon, BET Media Group, and CBS Sports Network; and international extensions of these brands. This segment also offers domestic and international television studio operations, including CBS Studios, Paramount Television Studios, and Showtime/MTV Entertainment Studios; CBS Media Ventures, which produces and distributes first-run syndicated programming; and digital properties consisting of CBS News Streaming and CBS Sports HQ. The Direct-to-Consumer segment provides a portfolio of domestic and international pay and free streaming services, including Paramount+, Pluto TV, BET+, and Noggin. The Filmed Entertainment segment produces and acquires films, series, and short-form content for release and licensing around the world, including in theaters, on streaming services, on television, through digital home entertainment, and DVDs/Blu-rays; and operates a portfolio consisting of Paramount Pictures, Paramount Players, Paramount Animation, Nickelodeon Studio, Awesomeness, and Miramax. It also offers production, distribution, and advertising solutions. The company was formerly known as ViacomCBS Inc. and changed its name to Paramount Global in February 2022. The company was founded in 1914 and is headquartered in New York, New York. Paramount Global is a subsidiary of National Amusements, Inc.
www.paramount.com21,900
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
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Performance Overview: PARA
Trailing total returns as of 7/24/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: PARA
View MoreValuation Measures
Market Cap
8.26B
Enterprise Value
21.68B
Trailing P/E
--
Forward P/E
11.92
PEG Ratio (5yr expected)
0.29
Price/Sales (ttm)
0.25
Price/Book (mrq)
0.36
Enterprise Value/Revenue
0.72
Enterprise Value/EBITDA
23.88
Financial Highlights
Profitability and Income Statement
Profit Margin
-0.15%
Return on Assets (ttm)
2.64%
Return on Equity (ttm)
-2.90%
Revenue (ttm)
30.07B
Net Income Avi to Common (ttm)
-742M
Diluted EPS (ttm)
-1.13
Balance Sheet and Cash Flow
Total Cash (mrq)
2.38B
Total Debt/Equity (mrq)
70.77%
Levered Free Cash Flow (ttm)
15.06B
Research Analysis: PARA
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Research Reports: PARA
View MoreFinally agrees to merge with Skydance Media
Paramount is a worldwide media entertainment company. Remerged in December 2019 from sister companies Viacom and CBS, the company produces and distributes television and cable programming over its networks, including the flagship CBS broadcast network; a stable of basic cable channels, including MTV Networks, VH1, Nickelodeon, Country Music Television, Comedy Central and BET; a network of locally owned and affiliated CBS broadcast television stations; and various digital streaming video platforms, including its flagship Paramount+ service and Pluto TV. Paramount also produces and distributes theatrical films through its Paramount Pictures studio and owns a minority 12.5% share in the CW network. The company's businesses and trademarks also include the CBS television network, the Showtime cable network, CBS Television Distribution, and Paramount Pictures. ViacomCBS changed its name to Paramount Global on February 15, 2022.
RatingPrice TargetAfter opening slightly higher on positive inflation news, the Nasdaq is down 1%,
After opening slightly higher on positive inflation news, the Nasdaq is down 1%, while the small-cap Russell 2000 is up 3%, a big move. The closely-watched Consumer Price Index outright declined during the month of June and is now running at an annual 3.0% pace, down 30 basis points from the rate through June. This is the lowest CPI rate since March 2021. On a core basis, excluding the impact of volatile food and energy prices, inflation also moderated month-over-month and is clocking in at 3.3% rate, down 10 basis points month-over-month.
Paramount: Improved Skydance Deal Looks Even Better Than We Expected
Paramount Global operates in three global business segments: TV media, filmed entertainment, and direct to consumer. The TV media business includes television production studios and various broadcast and cable networks, including CBS, 15 owned CBS affiliates, Paramount, Nickelodeon, MTV, BET, and VH1. Filmed entertainment consists multiple film studios, most importantly Paramount Pictures. The film studios produce and distribute movies that they license to movie theaters and other media outlets. Direct to consumer includes multiple streaming platforms, including Paramount+, which now includes Showtime, Pluto TV, and BET+. Much of the content on Paramount’s streaming platforms is created by the production studios housed within the firm’s other two business segments.
RatingPrice TargetDowngrading to SELL
Paramount is a worldwide media entertainment company. Remerged in December 2019 from sister companies Viacom and CBS, the company produces and distributes television and cable programming over its networks, including the flagship CBS broadcast network; a stable of basic cable channels, including MTV Networks, VH1, Nickelodeon, Country Music Television, Comedy Central and BET; a network of locally owned and affiliated CBS broadcast television stations; and various digital streaming video platforms, including its flagship Paramount+ service and Pluto TV. Paramount also produces and distributes theatrical films through its Paramount Pictures studio and owns a minority 12.5% share in the CW network. The company's businesses and trademarks also include the CBS television network, the Showtime cable network, CBS Television Distribution, and Paramount Pictures. ViacomCBS changed its name to Paramount Global on February 15, 2022.
RatingPrice Target